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INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of CarMax, Inc. - KMX

1. CarMax is under investigation for potential securities fraud. 2. Company's Q4 earnings missed estimates by $0.08 per share. 3. CarMax removed its long-term revenue and sales goals. 4. Stock price fell 17% to $66.45 following the announcement. 5. Pomerantz LLP known for recovering multimillion-dollar damages.

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FAQ

Why Very Bearish?

The investigation and missed earnings indicate potential deeper issues. Past examples show stocks suffer long-term damage from fraud allegations.

How important is it?

The investigation raises significant legal and financial risks, likely affecting investor confidence severely.

Why Long Term?

Ongoing investigations can dampen investor sentiment, potentially leading to prolonged stock underperformance.

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NEW YORK, April 17, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of CarMax, Inc. (“CarMax” or the “Company”) (NYSE: KMX).   Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980.    The investigation concerns whether CarMax and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.  [Click here for information about joining the class action] On April 10, 2025, CarMax issued a press release announcing its fiscal fourth quarter and full year 2025 financial results.  Among other results, CarMax reported fourth quarter GAAP earnings per share of $0.58, missing analyst estimates by $0.08.  Additionally, the Company admitted it would be “removing the timeframes” it had previously assigned to long-term revenue, unit sales, and market share goals. The Company claimed this decision was driven by “the potential impact of broader macro factors.”  On this news, CarMax’s stock price fell $13.61 per share, or 17%, to close at $66.45 per share on April 10, 2025. The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, London, and Paris is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com. Attorney advertising.  Prior results do not guarantee similar outcomes.  CONTACT: Danielle PeytonPomerantz LLPdpeyton@pomlaw.com646-581-9980 ext. 7980 

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